Confidentiality Agreement (NDA)

A Confidentiality Agreement, also known as a Non-Disclosure Agreement (NDA), is a contract that outlines the terms under which confidential information is shared between parties and restricts its disclosure to unauthorized individuals. This agreement is essential for protecting sensitive business information, trade secrets, and intellectual property. NDAs typically include definitions of confidential information, obligations of the receiving party, and the duration of confidentiality. Regular enforcement and management of NDAs help safeguard proprietary information and maintain trust between business partners.